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Pay ALL your debt off by Xmas 2017

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Comments

  • System
    System Posts: 178,355 Community Admin
    10,000 Posts Photogenic Name Dropper
    I have 3 debts that I'd like to get shot of. First one is £2731.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Hi can I join this challenge please. I want to pay of my cc of 2400?. I have never done anything like this before so would appreciate any guidance ..

    I have so much planned for this yr but if I could have less debt it would life easier

    Libbypaige
  • Megano
    Megano Posts: 324 Forumite
    036)
    Hello Everyone!

    I noticed there is a lot of new faces this year. Can I just say a massive WELCOME! You've honestly taken the biggest (and I can imagine what must seem the scariest step!) everyone is here to support you and be your personal cheerleaders.
    You might have slip ups and thats okay and right now your number is going to seem like Mount Everest but small regular payments will soon make it more manageable (and every penny you pay is another small amount of interest you'll never pay again!)

    With that can I report a payment of £11.01
    Virgin Money £0/£1445
    TSB £0/£659.53
    BOM £0/£1480
    Tesco £8.36/£4647.26
    Total £8.36/£8231.79 0.101%
  • Hi could I please join. I would like to pay £1,300.00 which will get rid of two catalogue debts and a store card.
    Current debt - £6072.98
    MFW 1% Challenge 2020 - £0/£1472
  • SEASHELL
    SEASHELL Posts: 337 Forumite
    Part of the Furniture Combo Breaker
    Could I please join. I would like to pay £3100 which is my debt with the highest interest rate. It looks like a really big amount and just typing it terrifies me. But I need to do this. Big girl pants on now. I can do this!!
  • HI all hope you had a great christmas, can't believe how quick it went again. Another payment of £29.07 (dd and overpayment of random change)

    Think that is 72.88/ 4225
    Thnaks muppets xx
    Compers challenge 27/70
    £1805/2018
  • Hi,

    I know it's only small amount but £5 off for me today, please

    Thank you :-)
  • shiningfaery
    shiningfaery Posts: 220 Forumite
    edited 28 December 2016 at 3:00PM
    I would like to join in with this challenge please.


    Currently I have a large figure to clear and would like to set myself the target of £3600 this year.
  • chocolatebum
    chocolatebum Posts: 334 Forumite
    Part of the Furniture Combo Breaker
    edited 28 December 2016 at 3:27PM
    Ok figures all worked out and plans in place. can i set my target at £5000 this year please. same as last year won't clear the debt but will go a long way to lowering it.

    target for #94 is £5000
    DEBT
    31/12/2018 = £21,740.10 - 31/12/2019 = £18,581.29 (14.53% PD)
    31/01/2020 - £18,685.22 (14.05% PD)
  • muppets
    muppets Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    misselvis wrote: »
    Dear muppets and DFW family hope all is going well and in the right financial direction. Have reviewed my debt situation and am making progress in spite of some blips. Can I keep my number from last year and the new total is 0/6500 #107
    Happy New Year folks

    Afternoon misselvis and welcome back. #107 it is for you again this year. x
    Can I pretty please re-join this challenge? I did join last year with a debt of £2500 and pleased to say as of last week I paid that one off :D
    I've just been getting myself sorted for next year and I need to pay off my credit card, thanks to Christmas and a few unexpected bills things have added up to more than I thought :(

    My debt currently stands at £1,500 - not as scarey as last years but would really like to get rid of it and cut my credit card up forever. Am now looking at how I can delete my card details off my computer so I can't be tempted.
    Afternoon IrishRose12 and welcome back. #57 it is for you this year. I updated last years spreadsheet to show you clear your target for last year. x
    PAYDBX 2020 - #01 Pd £15,029.29 / £13,140.66 - 114% 🎉

    MFiT-T5 #36
    3-6 mth EF #5
    €2,445 / 11,100
    Mortgage - PD 126,846.35/ 271,495.07 46.72%[ MF was Aug 2038 now Sept 2035 😲
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